The Small and Medium Enterprises Development Agency Nigeria SMEDAN, has pledged to protect intellectual property for the Micro, Small and Medium Enterprises sector of the nation economy.
SMEDAN Director General, Dikko Radda disclosed this at a news conference in Abuja to commemorate the 2021 World Intellectual Property Day, a brainchild of the World Intellectual Property Organisation.
He said most MSMEs across the country are not aware of the importance in enhancing the value of their products, services and processes.
The SMEDAN boss however, called on relevant agencies with the statutory function in the administration of Intellectual Property to avail itself by moving closer to the SMEs.
The Acting Head, World Intellectual Property Organisation, Nigeria office, Tobi Moody said at a time when the imperative of economic recovery in Nigeria is high, particularly in the light of global pandemic, the 2021 World Intellectual Property Day provides an important moment to focus on the critical role of SMEs in Nigeria.
He noted that SMEs are the backbone of Nigeria’s economy.
The theme for this year’s Intellectual Property Day is, Intellectual Properties and MSMEs, Taking your Ideas to the Market.
